Prudential Regulation Authority

Reports: Watchdog urges banks and insurers to plug 'gaps' in tackling climate risks

Risk

Reports: Watchdog urges banks and insurers to plug 'gaps' in tackling climate risks

Bank of England to instruct banks and insurers to carry out internal reviews on climate-related risks

clock 01 May 2025 • 3 min read
Give financial regulators 'secondary' net zero mandate to facilitate transition, government urged

Investment

Give financial regulators 'secondary' net zero mandate to facilitate transition, government urged

Financial regulators have major role to play in reducing the hit climate change and nature loss land on the economy, new Aldersgate Group report warns

clock 27 June 2023 • 4 min read
How smart regulation holds key to establishing UK as net zero financial centre

Marketing

How smart regulation holds key to establishing UK as net zero financial centre

New report from Aldersgate Group calls on government to give proposed Sustainability Disclosure Requirement framework 'teeth' so as to drive the development of net zero finance sector

clock 14 June 2022 • 4 min read
'Further work required': Bank of England raises alarm over financial industry's inconsistent approach to climate risk

BusinessGreen

'Further work required': Bank of England raises alarm over financial industry's inconsistent approach to climate risk

Prudential Regulation Authority puts action on climate risk among its top priorities for global banks in 2022

clock 13 January 2022 • 2 min read

Investment

PwC: Less than a third of UK banks have net zero targets in place

Major new study from consultancy giant reveals UK banks are more engaged with climate risks than ever before, but decarbonisation plans remain underpowered

clock 21 October 2020 • 5 min read